The Federal Home Loan Bank of Des Moines recorded net income of $129 million in the second quarter, down $1 million from the same quarter last year. Mortgage loans of $7.3 billion were outstanding, of which $419 million worth were purchased from 139 members during the second quarter. The bank also collected $14 million for its Affordable Housing Program. Capital totaled $7.5 billion, an increase of $500 million, and assets were $151 billion, an increase of $5.9 billion. The bank reported retained earnings of $2 billion, and increase of $100 million from a year ago.